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Economy

progree

(13,090 posts)

4. Q1 SP500 Earnings per share: 2017: 27.46, 2018: 33.02, 2019: 35.02, 2020: 11.88 😲 👀

Reply to Warpy (Reply #2)

Fri Jul 31, 2020, 07:51 PM

Jul 2020

https://ycharts.com/indicators/sp_500_eps

Edited to add: we don't have the full Q2 earnings yet. But likely to be a lot worse, given that Q1 GDP declined by 5%, and Q2 GDP declined by 32.9% (both on an annualized rate basis). So it would be pretty much impossible for Q2 earnings to be anything but a lot worse than Q1 earnings.

Shiller P/E (looks like CAPE to me) - https://www.gurufocus.com/shiller-PE.php

Wilshire 5000 to GDP ratio (a proxy for The Buffett indicator, updated daily, a proxy for market cap to GDP ratio) https://www.gurufocus.com/stock-market-valuations.php

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U.S. Dollar Suffers Its Worst Month in a Decade [View all] left-of-center2012 Jul 2020 OP

Well, that's expected when you keep printing money to pop up the stock market Claustrum Jul 2020 #1

Well, it won't be for long Warpy Jul 2020 #2

Trump and the GOP needed the stock market to at least say they are good for the "economy" Claustrum Jul 2020 #3

That is fine with me, but a lot of people will be furious Warpy Jul 2020 #5

Q1 SP500 Earnings per share: 2017: 27.46, 2018: 33.02, 2019: 35.02, 2020: 11.88 😲 👀 progree Jul 2020 #4

Yep. Been watching it every month. Warpy Jul 2020 #6

This is a good thing. OrwellwasRight Aug 2020 #7